Brief: Schaltbau Newly Structured Syndicated Credit Agreement Includes ESG Component

Schaltbau Holding AG

05/08/2021 15:37

Aug 5 (Reuters) - SCHALTBAU HOLDING AG  SLTG.DE :
    * NEWLY STRUCTURED SYNDICATED CREDIT AGREEMENT INCLUDES ESG
COMPONENT
    * BETTER CONDITIONS AND GREATER FLEXIBILITY FOR EUR 150
MILLION
SYNDICATED CREDIT LINE
    * NEW AGREEMENT SIGNED WITH UNICREDIT BANK AND COMMERZBANK
AS BOOK
RUNNERS, KFW LEAVES SYNDICATE
    * ESG COMPONENT INTEGRATED IN AGREEMENT FOR FIRST TIME -
TARGET
ACHIEVEMENT REDUCES CREDIT COSTS
    * WILL UTILISE NEW SYNDICATED CREDIT AGREEMENT TO REPAY
EXISTING
AGREEMENT AMOUNTING TO EUR 172 MILLION PRIOR TO DUE DATE
    * KFW IS NO LONGER PART OF SYNDICATE

Source text for Eikon:  ID:nEQ8skd6va 
Further company coverage:  SLTG.DE 

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